Targeting high-frequency grocery segment, Amazon launches Fresh service in India

Binu Paul

Amazon India has introduced its urban food-delivery service Amazon Fresh as it looks to leverage the enormous potential of the ....

22 August, 2019

SoftBank Vision Fund to expand India arm; Amazon India’s big sellers demand higher margins

Team TC

Investment giant SoftBank likely to add a dozen executives in India. Amazon India’s biggest sellers now want higher margins ....

23 July, 2019
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Funding Roundup: Investments cross $400 million on the back of growth deals

Vijayakumar Pitchiah

Growth stage funding took center-stage again this week which saw a total of 21 deals worth more than $400 million being concluded. ....

19 July, 2019

Online grocer Grofers gets $10mn top-up funding from UAE-based investor

Vijayakumar Pitchiah

Online grocer Grofers has raised another $10 million in what appears to be a top-up to its latest funding round, The Economic ....

16 July, 2019

Milkbasket makes second acquisition, buys e-grocer PSR Supply Chain

Vijayakumar Pitchiah

Micro-delivery startup Milkbasket announced that it has made its second acquisition by acquiring Bengaluru-based PSR Supply Chain ....

9 July, 2019

Grofers converting grocery shops into brand stores; Flipkart to roll out SuperCoins: Reports

Kavya Kothiyal

Grofers India Pvt. Ltd is converting many grocery stores into its own branded outlets as the online grocery delivery company looks ....

27 June, 2019
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Online grocer Grofers enters dairy segment with launch of own brand

Om Athavale

Gurugram-based online grocery delivery startup Grofers India Pvt. Ltd said on Wednesday it is making its foray into the milk business ....

19 June, 2019

Why Bigbasket will dip its toes, but not dive into the physical grocery market

Vijayakumar Pitchiah & Anand J

At a time when firms are looking to blend stores with e-commerce in their omni-channel attempt to attract customers, online grocer ....

10 June, 2019

Watch: Hari Menon on making Bigbasket a consumer staple

Anand J & Vijayakumar Pitchiah

Marquee investors have been doubling down on India’s online grocery segment, with both Alibaba-backed Bigbasket and ....

10 June, 2019

Tech startup funding breaches $1 bn in May on the back of growth deals

Vijayakumar Pitchiah

Investments in technology startups surged to $1.2 billion in May on the back of a number of big-ticket growth-stage bets by investors ....

4 June, 2019
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Unilever Ventures leads $10.5 mn funding for grocery delivery firm Milkbasket

Binu Paul

Grocery delivery startup Milkbasket has raised its largest funding worth $10.5 million (Rs 73 crore at current exchange rate), ....

4 June, 2019

SoftBank signs fat cheque for e-grocer Grofers; Tiger Global keeps piling into B2B

Vijayakumar Pitchiah

The third week of May saw muted funding activity, with the total investment value falling by almost a third from a week earlier. Nearly ....

17 May, 2019

SoftBank leads $200 mn round in e-grocer Grofers

Vijayakumar Pitchiah

Online grocer Grofers India Pvt. Ltd has raised more than $200 million (Rs 1,406 crore at current exchange rate) in a funding ....

15 May, 2019

BigBasket to deepen growth in existing cities with fresh $150-mn fundraise

Binu Paul

Online grocer BigBasket has confirmed that it has raised $150 million (about Rs 1,040 crore) in a fresh funding round led by South ....

6 May, 2019

From groceries to e-tailing, hyperlocal delivery startups back in the limelight

Kavya Kothiyal

Last month, food-tech unicorn Swiggy started offering home delivery of groceries and other daily essentials. And last week, Reliance ....

6 March, 2019

SoftBank leads $60 mn follow-on round in online grocery startup Grofers

Kavya Kothiyal

Online grocery startup Grofers India Pvt. Ltd has raised $60 million (Rs 425.4 crore at current exchange rate) in a follow-on ....

28 February, 2019

Grofers narrows loss as net sales double in FY18

Kavya Kothiyal

Gurugram-based online grocery startup Grofers India Pvt. Ltd pared its losses but saw its net sales or operating revenue surge ....

22 February, 2019

Swiggy gives BigBasket, Grofers food for thought with new hyperlocal service

Kavya Kothiyal

Food-tech unicorn Swiggy is diversifying its operations with the launch of a new hyperlocal service that will offer home delivery ....

12 February, 2019

ITC pilots FMCG e-commerce store in major metros

Payal Ganguly

Indian fast-moving consumer goods major ITC has announced that it is piloting its e-commerce venture, itcstore.in, in Delhi-NCR, ....

11 February, 2019

Online grocers, food delivery startups face stricter norms

Binu Paul

The Food Safety and Standards Authority of India (FSSAI) has issued revised guidelines tightening scrutiny of e-commerce food ....

28 December, 2018

Baxi pivots to hyperlocal delivery as bike taxi biz turns unviable

Binu Paul

Gurugram-based startup Baxi has pivoted from employing full-time bike taxi riders to hyperlocal delivery of milk and other daily ....

26 December, 2018